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what is the rate that investors in the debt demand as a return? (on excel please) -The book value of this debt is $50k -the
what is the rate that investors in the debt demand as a return? (on excel please)
-The book value of this debt is $50k
-the market value is $30k (60% of its par)
-coupon is 5% annual
-term is 30 years
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